The more aware we are of our financial strengths and needs, the more likely we are to build upon them. One (or more) small change(s) in what you do with your money can make a big difference in your financial wellbeing. Identify what you need to do first, so as to start the process of change.
I would like to have a better understanding of credit and of tracking what I spend.
Investing has always been a mystery to me. I’d like to be able to combine saving and investing to maximize and grow my money.
Yes Kary, definitely tracking what I spend!
This is a terrific discussion because the points you each raise are key to financial wellbeing. They are certainly among the reasons I created My Money Myself. The lack of understanding of credit makes using it wisely more difficult. For most people investing is and always has been a mystery that keeps them from growing their money in ways that contribute to a better financial future. Certainly tracking your spending is the only way to really identify where it is going and how to better manage it. I wish you could all win a Free MMM registration because all of these topics are covered in the program in ways that will help you make better friends with your money:)
Learn how to invest money and do it wisely.
Learning how to save and invest in a more balanced way.
Being more disciplined when it comes to spending triggers.
tracking and saving for sure!
Figuring out how to invest in myself with experiences and ongoing learning opportunities now that my budget is under control.
This discussion shows the different and similar places we all find ourselves when it come to our money. Saving and investing remains a prioirity through all of the forum discussions and the My Money Myself program has one whole workbook dedicated to these actions. It is interesting to me that so far not a lot of members have indicated the need for help managing their debt. Obviously that is a good thing unless people are reluctant to bring up debt. Do you think that might be the case? I hope not since I want this to be a place where we can talk about all things related to money. Traching your money is definitely an improtant first step to saving and for the new member who has her budget under control: BRAVO!!!!!
Tracking spending and assessing annuities.